Sponsored by OneBeacon
Private Equity And Hospitals: Providence Or Problem?
While there has been a dearth of merger and acquisition activity for the last two years, one sector has been booming: private equity investments into not-for-profit health care institutions. The capital infusion has brought welcome relief to many hospitals, which had been brought to the brink by rising operating costs and diminished revenues. The new investors are keeping facilities open and hospital workers--often the largest workforce segment in many towns--employed. But the circling of private equity funds around not-for-profit hospitals has brought worries to others, including patient care advocates, concerned that quality care may take a back seat to profits.
This special Webinar examines why investors are targeting not-for-profit hospitals, what future activity we can expect to see in this sector and what the ramifications are for hospital operations and patient care.
Register for this FREE one hour webinar sponsored by OneBeacon at:
https://www1.gotomeeting.com/register/493347912
Report Sponsored by OneBeacon
Community hospitals across America have been caught in a deadly squeeze of higher costs and lower reimbursements, often caused by the community care they were established to provide. Serving populations that were often uninsured or underinsured, these hospitals rely heavily on government support, which has been weakened. The precarious finances of not-for-profit hospitals have left many with insufficient capital to invest in patient technology, efficiency measures and infrastructure needed for care now--and in the future.
These financial troubles are a prescription for more radical change. While some not-for-profit hospitals are closing, many others are being sold to investor groups. The new investors are keeping facilities open and hospital workers--often the largest workforce segment in many towns--employed. But the circling of private equity funds around not-for-profit hospitals has brought worries to others, including patient care advocates, concerned that quality care may take a back seat to profits.
